Yodel failed to turn a profit for the eighth consecutive year in its recently closed financial year, and CEO Mike Cooper has admitted its owners regularly give him “a hard time”. The parcel carrier has never managed turned a profit, making a pre-tax loss of £50.4m in its most recently published results, for the year ended 30 June 2016. Asked whether the business had turned things around for the year ended this July, Cooper told MT that while Yodel hadn’t […]
Parcels expert Frank Proud argues that the embattled parcels carrier has a bright future ahead of it.
Keith Basnett has joined UK parcel distributor Yodel as chief operating officer after eight years in the same role with ‘digital department store’ the Shop Direct Group.